Litecoin exchange chart

Litecoin Price in USD chart

Technicals suggest a strong recovery from the mid September low, now with renewed momentum for a retest of all time highs. This is the exact signal to use for a long entry. Conclusion Based on network utility and mining support, Litecoin is heavily undervalued. A test of the EMA in mid September held strongly with a rejection wick of the lower price. Hashrate and difficulty have continued to increase throughout the year, suggesting sustained interest from miners even though other coins are more profitable.